Summary by Futu AI
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) announced an adjustment to its cash dividend per share for the first quarter of 2024. Initially, on May 10, 2024, the TSMC Board of Directors approved a distribution of NT$103,734,516,968, which equated to NT$4.00 per common share. However, due to a slight change in the number of common shares outstanding as a result of share buybacks and the issuance of 2024 Restricted Stock Awards, the dividend per share has been minutely adjusted. The revised dividend is set at NT$4.00013820 per common share and is scheduled to be paid on October 9, 2024. This adjustment reflects the company's adherence to accurate dividend distribution following changes in share count.